There's MA support building up nicely on the Daily time-frame as well, whether price will return there is yet to be seen.
Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag, bouncing from support.
Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag, bouncing from support.
This is exactly the level I was looking for, have averaged in a bit more. Still got buys at lower levels, but price appears to be stabilizing:
Still got bids at lower levels, the 0.236 fib retracement as well as the obvious 50 Week MA support, but price could certainly find support at current levels.